** Shares of lottery software provider Jumbo Interactive JIN.AX fall 1.7% to A$9.95
** Earlier in the day, stock lost as much as 2.2% to hit its lowest since April 9
** Bell Potter says despite robust Oz Lotto jackpots, aggregate jackpots are down 9% on 2H24, indicating YoY decline in lottery retailing revenue
** Notes that JIN lost meaningful digital share to peer Lottery Corp TLC.AX due to higher cost per click rates, raising questions about whether JIN can regain market share
** Brokerage trims price target to A$11.10 from A$13.20; maintains 'Hold' rating
** JIN down 28.4% YTD
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))
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